i seen where winn-dixie filed for bankrupcty protection,

[blueknight]

so i did a little looking. and of course their CEO a man by the name of ALLEN R. ROWLAND made $ 7,270,500 (thats million) last year.and what did the workers make, $7.00 an hour?

[ClintonTyree]

1. I doubt that much.................

all but the managers are part time, leaving them with no benefits and probably minimum wage. Winn-Dixie sucks. Publix, Albertson's and yeach...sprawl-mart are much better. They made some major acquisitions a few years back and never recovered. They went downhill, FAST! Damn that minimum wage law!

[Clark2008]

2. I didn't know that there were still any Winn Dixie's left until I read

that they'd filed for bankruptcy.
I mean - other than that dog movie out for kids.

[RebelOne]

4. I know they all closed down here in the Atlanta area

several years ago.

[LosinIt]

3. that would be 'I saw'

sorry

[Poppyseedman]

5. Up to last year I was very involved in the grocery business

Winn Dixie filing for bankruptcy has almost nothing to do with the wage structure at the corp level or what the store personnel are earning.

I'm not defending the guy making 7 million, but Winn Dixie problems go way back. The hit he is taking on his stock options are way more then the 7 mil they are paying him.

Winn Dixie used to pay a qtrly dividend bigger than it's current stock price!!!

It's problems are about pricing, selection and variety, demographics, poor management at the buying and operational levels and of course almost non existent customer service.

As an example, I was selling a product which in Florida sold over a million cases annually for several years. The only grocery store it was NOT available was WD. The other chains ran it in their advertisements!!!

The buying office didn't like it because it competed with it's house brand. After three years of trying to get them to authorize it, they finally did but only carried half the line and then told me I had to pull out the same numbers of items off the shelf to make room for them. Items that already had proved to be profitable for WD and well liked by their customers.

Am I surprised they are going belly up? I would have bet on it.